Elementum Physical Palladium ETC

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About Palladium

Like most precious metals, palladium has historically exhibited low correlation to the performance of equity and debt markets, along with gold and silver. Data from Johnson Matthey suggests that in 2019, 84.2% of palladium demand was realised in its use as an autocatalyst, predominantly in gasoline exhaust systems.

Palladium is currently a niche investment product through a range of investment vehicles including palladium bars and coins and physically-backed Exchange-Traded Funds (ETFs). Going forward, palladium’s ability to store and catalyse hydrogen is likely to give it a role in the developing global hydrogen economy.

Cash Value

Shares Outstanding

Total AUM


ETC Overview
Base CurrencyUSD
Currency HedgedNo
Metals LendingNo
Physical DeliveryNo
Underlying ExposurePhysically backed with allocated metal subject to LPPM rules for Good Delivery
Vault/Warehouse InspectorInspectorate International
Vault/Warehouse LocationLondon and Switzerland
Cash Value and AUM23 Jun 2022
Cash Value per ETC Security$18.7651
Daily Change$0.1694
Daily Return0.91%
Total AUM of ETC$2,244,305.96
Shares Outstanding119,600
Metal/Index Quantity1,192.51 troy oz
Metal/Index Entitlement0.0099708118
(0.01 at launch)
Metal/Index Price$1,882.00
Replication MethodPhysical - bullion backed
Legal FormDebt Security
Legal StructureETC
Further Legal and Tax Information
ISA & SIPPEligible
Sharia CompliantNo
Securities RegulatorCentral Bank of Ireland
UCITS EligibleEligible
UK Reporting StatusYes
Key Service Providers
CustodianAtomyze AG
TrusteeApex Corporate Trustees (UK) Limited
IssuerElementum Metals Securities plc
RegistrarThe Bank of New York Mellon, SA/NV
Total Expense Ratio0.20%
Entry / Exit FeesNone when traded on Exchange
Passported Countries
Austria Belgium
Denmark Finland
Germany Italy
Liechtenstein Luxembourg
The Netherlands Norway
Sweden United Kingdom

Listings & Codes

Country Exchange Trading Currency Exchange Ticker ISIN SEDOL WKN Bloomberg Ticker Settlement Period Reuters Instrument Code Listing Date
Germany Xetra EUR 0IID XS2265370234 A3GNPY 0IID GY T+2 0IIDG.DE 18/01/2021
UK LSE USD TPAL XS2265370234 BMYCKK5 TPAL LN T+2 TPAL.L 20/01/2021
UK LSE GBX TPDS XS2265370234 BKQMVZ1 TPDS LN T+2 TPDS.L 09/04/2021
Switzerland SIX CHF TPAL XS2265370234 58847495 TPAL SW T+2 TPAL.S 15/06/2021
Italy Borsa Italiana EUR TPAL XS2265370234 TPAL IM T+2 TPAL.MI 17/06/2021


1m -5.58%
3m -24.70%
6m -0.52%
1 Year-28.75%
2 YearN/A
1m -5.57%
3m -24.66%
6m -0.42%
1 Year-28.60%
2 Year2.51%

Underlying Holdings

Spot metal specifications

Index NameSpot Palladium LBMA specifications
Index ProviderLBMA
Index Constituent Count1
Bloomberg TickerPLDMLNPM
Reuters Index TickerXPD=
Index Websitehttps://www.lppm.com


Final Terms

Factsheets and Reports




Other Documents

Metal List

Authorised Participants

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